Posted October 03, 2018 13:10:33 Britain is still the world’s second biggest consumer of footwear, but the number of shoes and hats sold in the country has shrunk significantly since Brexit.
The United Kingdom is still Britain’s biggest footwear market, but that has been slipping as it has shrunk by more than 2,000 in the past 12 months, according to the latest data from the British Association of Shoe Retailers.
The number of sales dropped by 3.7 per cent in the year to December 2017, according the data released on Friday by the British Shoe Manufacturers Association (BSMA).
Sales fell by 4.3 per cent for the past year, from a year earlier, the BSMA said in a statement.
“The UK footwear market continues to be one of the fastest growing in the world,” said BSMAs chief executive Ian Baker.
“This is a worrying sign for consumers.”
Shoes and hats represent the majority of footwear sales in the UK, and they are also a key way in which consumers buy products from retailers.
“He said the government’s pledge to phase out zero-hours contracts for many workers, which would see some companies make up to £2,000 a week, was “not sufficient”.”
Shoe and hat sales remain relatively low, but as the sector becomes more competitive the need to protect jobs will grow,” he said.
He said it was important to understand the role of the fashion industry in shaping fashion trends and that this could help companies to adapt.”
In the UK we have seen that the fashion sector is a key driver of the UK retail and retailing economy.
“Fashion brands are often the first to respond to consumer demand for their products.”
They can help to inform how fashion and footwear are viewed by consumers.”BSMAs survey showed a rise in sales of clothing, but a drop in footwear, which had increased by 3 per cent over the past 18 months.
The BSMAS said the UK also accounted for 6 per cent of the world market for the sale of shoes, with an estimated 11 million people in the U.K. and abroad purchasing footwear.
It said a decline in the number and type of hats sold could also be attributed to changes in the way people shop.
The biggest brands, such as Louis Vuitton and Gucci, have seen sales of hats and footwear drop.
The British Association for Shoe Manufacturing (BAMS) said the decline in footwear sales was partly because people were buying fewer hats and hats were more expensive.
It also said the BMA would “continue to review our industry performance” as it looked at how it should continue to support the industry.
The group said it supported “all those working in the footwear industry who believe in fair trade and sustainable footwear”.”
We are committed to supporting all our suppliers in a fair and competitive fashion industry, and we recognise that there are some who have made significant sacrifices to grow and develop their business,” the group said.